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> I'm not clear on how long residuals can last in a sustainable way They were possible before, since there was much less content available at any given time. T
by genmud 3y ago
> I'm not clear on how long residuals can last in a sustainable way
They were possible before, since there was much less content available at any given time. The media industry is in a bit of a death spiral it feels like, with a race to the bottom in many ways.
When broadcast tv was a bigger thing, syndicated shows were licensed to stations, who typically sold ad slots, allowing them to pay the licensing fees.
The problem is in many ways streaming platforms just really aren’t that cheap to run in the US when compared to old methods of distribution and the margin is almost entirely going to the platform, not the people making the content.
- taeric 3y agoI'd rephrase your first as they were easy to keep up when everything was growing. That is, again, I don't see how residuals can be a lasting form of payment for people like this. Note that this is decidedly not saying that I don't think they should be getting them now. Mine is a longer term question. Also, cards on the table, I'm ultimately a fan of basic income, which can effectively be seen as residuals for everyone. No need to pretend that it is tied to specific work where folks are basically in a lottery to see if they can get their name on the big ticket item that everyone wants.